Japan Eyes "Golden Share" as Condition for Aid to Rapidus
Tokyo, July 4 (Jiji Press)--Japan's industry ministry on Friday announced a plan for the government to hold a veto-wielding "golden share" in exchange for its financial aid to companies such as Rapidus Corp., which aims to realize domestic production of next-generation semiconductors.
Golden shares in these companies will be held by the Information-Technology Promotion Agency, or IPA, an independent administrative agency under the industry ministry.
The details of golden shares will be drawn up by companies and then screened by the ministry.
(2025/07/04-17:34)
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